Economics and finance | Gerald R. Ford School of Public Policy
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Stevenson widely quoted on Trump tariff policies

Apr 25, 2025
Ford School professor Betsey Stevenson has been widely sought for her insights, and concerns, about the implications of the Trump administration's proposed tariffs. Here are some of the notes Stevenson has shared with news outlets over the past few...
Betsey Stevenson
In the Media

Owen-Smith insists government research funding benefits all citizens

Apr 18, 2025 Detroit Free Press
"Whether by purchasing equipment, hiring contractors or training early career researchers, universities are a source of everyday economic and social benefits to communities in every congressional district in the country," said Jason Owen-Smith, from...
Jason Owen-Smith
In the Media

Stevenson says stock market uncertainty may not cause mass layoffs

Apr 17, 2025 Marketplace
As the stock market faces shocks and falls from Trump's tariff policy, Marketplace has turned to the Ford School's Betsey Stevenson for an explanation of what this could mean for American workers. Stevenson told the network, “Layoffs are not the...
Betsey Stevenson
In the Media

Stevenson predicts Fed chair to reassure financial markets

Apr 16, 2025 Bloomberg
Reflecting on recent stock market instability, the Ford School's Betsey Stevenson told Bloomberg in an interview that, "I do think that he [Jerome Powell, Federal Reserve chairman] is going to reassure financial markets that we have a strong and...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

Wolfers says bond sell-off is a bad omen

Apr 13, 2025 The New York Times
Ford School professor Justin Wolfers explained to the New York Times why the bon market sell-off is so problematic, he said, “People feel nervous about lending us money,” and more than that, “They are saying, ‘We’ve lost our faith in America and the...
Justin Wolfers
In the Media

The Fed might not know how to respond to Trump's tariffs - Stevenson

Apr 7, 2025 Bloomberg
Bloomberg Network spoke with the Ford School's Betsey Stevenson in pursuit of an estimate for what the Fed will do in response to Trump's recently implemented tariff policies. Stevenson stated, "There is clearly an inflation risk, and we know that...
Betsey Stevenson
In the Media

Trumps tariffs do not support American production, Stevenson claims

Apr 7, 2025 Channel 4
"What we’re seeing is not targeted tariffs that are trying to help support certain aspects of American industry. This is across the board tariffs," said Bestsey Stevenson, professor at the Ford School. In a debate with an ex-campaign aide for...
Betsey Stevenson
In the Media

Herd explains how social security benefit cuts may happen

Apr 4, 2025 Finger Lakes 1
Ford School professor Pamela Herd explained how Trump's agenda of using AI and making cuts to federal staff will damage Social Security. She said, “We’re talking about an agency that manages one-fifth of the federal budget—AI alone won’t cut it.” By...
Pamela Herd
In the Media

Moynihan on excessive amount of money in American politics

Apr 2, 2025 Political Wire
Don Moynihan, Ford School professor, said “Money is a an aggressive growing tumor at the heart of American democracy. The 2023 Wisconsin state supreme court race cost $56 million, a national record at the time. The 2025 version blasted that out of...
Don Moynihan
News

Wolfers: Two reasons for optimism about the economy

Mar 23, 2025
"The air is thick with recession talk, and stocks are cratering. But it just may be a mirage, a refraction of partisan distortions" wrote Ford School professor, Justin Wolfers, in a recent guest essay for The New York Times."It started with a...
Photo of Justin Wolfers
In the Media

Dominguez on the increasing value of foreign currency

Mar 20, 2025 Marketplace
As the economy prepares for the Trump administration's proposed tariff plan, U.S. goods are becoming less competitive than those from foreign countries. Speaking with Marketplace, the Ford School's Kathryn Dominguez claims this isn't the only...
Kathryn Dominguez speaks to prospective students at the Ford School's Spring Preview
In the Media

Stevenson says US labor market is softening

Mar 18, 2025 Bloomberg
The Ford School's Betsey Stevenson recently spoke with Bloomberg about the outlook for the U.S. labor market. Following a strong positive trend over the past few months, the labor market is now anticipated to soften with more people expected to face...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

Wolfers offers what to expect with Trump's proposed tariffs

Mar 13, 2025 CNN
If Trump's proposed 200% tariffs on alcohol coming from the EU are enacted, “it means your liquor store probably won’t stock it." Noted Justin Wolfers, an economics professor at the Ford School. He told CNN that he believes the tariff “would drive...
Photo of Justin Wolfers
In the Media

Wolfers: It's not a world trade war, but an American trade war

Mar 12, 2025 ABC Australia
Justin Wolfers, Ford School professor talked with ABC Australia about Trump's trade war and how other countries like Australia have yet to retaliate. Wolfers said "we haven't seen any action of non-US countries imposing tariffs on each other so its...
Justin Wolfers
In the Media

Trump sees the world in zero sum terms - Wolfers

Mar 11, 2025 MSNBC
Ford School professor Justin Wolfers tried to explain Donald Trump's thinking on the economy. He said, "There is an underlying economics of trump, and you won't be surprised I think it's dead wrong." Wolfers said, "There's the zero sum thinking and...
Justin Wolfers
In the Media

Stevenson's perspective on Trump's tariffs

Mar 11, 2025 Yahoo! Finance
Following President Trump's recently imposed tariffs on Canada and Mexico, the Ford School's Betsey Stevenson spoke with Yahoo! Finance to discuss her view on the policy. Stevenson argued, "Not trading with your neighbors is not a recipe for higher...
Betsey Stevenson
In the Media

Stevenson: government spending should be included in GDP

Mar 11, 2025 Planet Money
As the commerce secretary, Howard Lutnick, pushes for cutting government spending from GDP calculations, alarms have been raised for the Ford School's Betsey Stevenson. Stevenson told Planet Money in a discussion about the GDP and government work...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

Wolfers acknowledges economic uncertainty for business owners

Mar 10, 2025 ABC Australia
On an ABC Australia review on the current economic state of the U.S. and the outlook on what's to come for business owners and CEOs. the Ford School's Justin Wolfers stated the Trump Administration's economic policies have "raised the possibility...
Photo of Justin Wolfers
In the Media

Wolfers comments on public perception of the economy

Mar 10, 2025 Marketplace
“Just because folks say they’re unhappy about the state of the economy, that doesn’t mean much,” said Justin Wolfers, an economics and public policy professor at the Ford School. Speaking with Marketplace, Wolfers asserts that it's important to...
Justin Wolfers
In the Media

Stevenson on uncertainty around tariffs

Mar 9, 2025 Meet the Press
Betsey Stevenson, Ford School professor and economists, talked about the continuing uncertainty around tariffs. She said, "Uncertainty is terrible but certainty that we have huge tariffs is also terrible." Stevenson added, "Trump can't guarantee how...
Betsey Stevenson
News

Wolfers weighs in on tariffs, uncertainty, and the stock market

Mar 9, 2025
Ford School professor and economist Justin Wolfers discussed the impacts of tariffs, uncertainty, and consumer sentiment on the US economy with several news outlets last week. Wolfers highlighted the response the stock market had to tariffs and what...
Justin Wolfers
In the Media

Cavaillé on why inequality is hard to solve

Mar 7, 2025 Rhodes Center
Charlotte Cavaillé, Ford School professor, talked with Mark Blyth about politics of inequality. Cavaillé characterized liberals and conservatives who see inequality as "the two outraged groups are not outraged about the same thing so that precludes...
Charlotte Cavaille profile photo
In the Media

American labor market is fundamentally healthy - Wolfers

Mar 7, 2025 The New York Times
Justin Wolfers, Ford School professor and economists, says the most recent job report data shows that “This is a fundamentally healthy labor market, continuing its earlier momentum, albeit at a slightly slower...
Justin Wolfers
In the Media

Shaefer talks working on Rx Kids

Mar 7, 2025 The Chronicle of Philanthropy
Luke Shaefer, Ford School professor and Director of Poverty Solutions talked with The Chronicle of Philanthropy about his work on Rx Kids as a guide for the NGO GiveDirectly. Working on Rx Kids he says was "a really humbling experience for me...
Photo of Luke Shaefer in the Ford School's Towsley Reading Room
In the Media

Stevenson discusses Trump reasoning on tariffs

Mar 6, 2025 Michigan Public
Ford School professor Betsey Stevenson discussed the rational behind implement tariffs on Canada and Mexico, but she said, "with China that they may have been trying to compete with very low-cost manufacturing" however “I don't think you can make...
Stevensom SRM Subcommittee Hearing Teaser Display
In the Media

All economists think tariffs will weaken the US and Canada - Stevenson

Mar 6, 2025 Michigan Public
Betsey Stevenson, Ford School professor and economist, talked with Michigan Public's Stateside about the claims Trump has made about Canada, she says Trump "has claimed it is because of drug trade or illegal immigration but we just don't have a lot...
Betsey Stevenson
In the Media

Canada is not ripping us off - Stevenson

Mar 5, 2025 MSNBC
Betsey Stevenson, Ford School professor and economist, talked with Chris Hayes about tariffs and Trump's rhetoric, she says "when someone sells me something cheap I don't think you ripped me off I want you to charge me 10% more, but that's basically...
Betsey Stevenson